- McCafferty is said to have predicted that "balancing inflation and economic capacity will push interest rates up sooner rather than later"- Another attendee said McCafferty identified "two trends: growth slowed after Brexit," and "we're clearly seeing inflation"

NOTE: Newswires have been unable to confirm these comments- Speaking to RANsquawk, the Bank of England said it was an off-the-record briefing, and as such, is also unable to confirm the veracity of the comments.

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NOTE: BOE's McCafferty has been one of the dissenters on the MPC calling for the BOE to lift the Bank Rate.

At its last meeting, the Bank voted 7-2 to hold rates, and forecast growth of 1.7% in 2017, and 1.6% for 2018